/ (SO NAM TAN EJA) Com pany Secretary I FABRICS | THREADS l - PDF document

G) l Vardhmén VARDHMAN SPECIAL STEELS LIMITED I CHANDIGARH ROAD Delivering Excellence. Since I965. Vafdhmin LUDHIANA-I4IOIO. PUNJAB T: +9l-I6I-2228943-48 F: +9I-I6l-260I048, 22226I6. 260l040 E: secretarial.lud@vardhman.com Ref. VSSL:SCY:MAY:2019-_29 DATED: 06-May-2019 The Deputy General Manager, The National Stock Exchange of India Ltd, Corporate Relationship Deptt, “Exchange Plaza, Bombay Stock Exchange Limited, Bandra-Kurla Complex, 1St Floor, New Trading Ring, Bandra (East), Rotunda Building, P.J Towers, MUMBAI-goo 051 Dalal Street,Fort, MUMBAI-400001. Scrip Code: 534392 Scrip Code: VSSL SUB: COMPLIANCE OF REGULATION 30 OF THE SEBI (LISTING OBLIGATIONS AND DISCLOSURE REQUIRMENTS) REGULATIONS 2019. Dear Sir, Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, please find enclosed herewith Investor Presentation on financial results of the Company for the quarter and financial year ended 31St March, 2019. Kindly note and display the notice on your notice board for the information of the members of your exchange and general public. Thanking you, Yours faithfully, For VARDHMAN SPECIAL STEELS LIMITED / (SO NAM TAN EJA) Com pany Secretary I FABRICS | THREADS l GARMENTS I FIBRES I STEELS YARNS PAN NO.:AADCV48IZB CIN: L27|00PBZOIOPLCO33930 WWW.VARDHMANSTEEL.COM

a») VARDKMAN SPEC‘AL STEE‘LS LYD / Vardhman Special Steels Limited Investor Presentation Q4 & FY19

Q mm Disclaimer N SPECIAl STEELS ll'l'i. v” v 0-9-0 i . This presentatian has been prepared by Vardhman Special Steels Limited (the ”Campany”) sale/y far infarmatian purpases and daes nat canstitute any affer, recammendatian ar invitatian ta purchase ar subscribe far any securities, and shall natfarm the basis ar be relied an in cannectian with any cantract ar binding Na affering af securities af the Campany will be made except by means af a statutary affering dacument cantaining detailed cammitment what sa ever. infarmatian abaut the Campany. This Presentatian has been prepared by the Campany based an infarmatian and data which the Campany cansiders reliable, but the Campany makes na representatian ar warranty, express cr implied, whatsaever, and na reliance shall be placed an, the truth, accuracy, campleteness, fairness and reasanableness af the cantents af this Presentatian. This Presentatian may nat be all inclusive and may nat cantain all af the infarmatian that yau may cansider material. Any liability in respect af the cantents af ar any amissian fram, this Presentatian is expressly excluded. Certain matters discussed in this Presentatian may cantain statements regarding the Campany’s market appartunity and business praspects that are individually and callectively farwardrlaaking statements. Such farwardrlaaking statements are nat guarantees affuture perfarmance and are subject ta knawn and unknawn risks, uncertainties and assumptians that are difficult ta predict. These risks and uncertainties include, but are nat limited ta, the perfarmance af the Indian ecanamy and af the ecanamies af variaus internatianal markets, the perfarmance af the industry in India and war/drwide, campetitian, the campany’s ability ta successfully implement its strategy, the Campany’sfuture levels af grawth and expansian, technalagical implementatian, changes and advancements, changes in revenue, incame ar cash flaws, the Campany’s market preferences and its expasure ta market risks, as well as ather risks. The Campany’s actual results, levels af activity, perfarmance ar achievements cauld differ materially and adverselyfram results expressed in ar implied by this Presentatian. The Campany assumes na abligatian ta update any farwardrlaaking infarmatian cantained in this Presentatian. Any farwardrlaaking statements and prajectians made by third parties included in this Presentatian are nat adapted by the Campany and the Campany is nat respansiblefar such third party statements andprajectians.

65 Table of Contents VMDHMAN SPECIAL STEELS “D, ‘7 n 1 g: u 0-9-0 . CompanyOverview . Business Overview . Financial Highlights . Way Ahead

60 About Us VARDHMAN SPECIAL STEELS til). I V , « . r . Amongst India’s Leading Steel Bar Producers for Automotive Applications I Incorporated in May 2010 State-of— art manufacturing I Headquartered in Ludhiana. Punjab facilities Caters to sectors such as Engineering. I I Cutting»edge manufacturing Automotive. Tractor. Bearing and Allied technology Industries I Manufacturing Capacity » 2.00.000 MTPA Specialized Product offerings > Billets — o > Rolled Barsi 1.80.000 Steel Bars and Rods and Bright Bars I MTPA ofvarious categories ofSpeciaI & Alloy Steels 200+ Reputed and long term .I Strong Domestic & International Customer o customers Base for forging applications Toyota. Hero Moto Corp. Caterpillar. I I Thailand. Taiwan. Turkey. Russia. Germany and Hino Motors. Maruti. Bajaj and Spain Hyundai. among others Experienced Management Team " Quality Standards, Assurance & Significant experience in Steel Industry I Certifications Long term vision and proven ability to I ISO l4001:2004; OHSAS l8001:2007; ISO I achieve longterm goals for Company 9001:2008; ISO/TS 16949:2009

(:0 Journey So Far VARDHMAN SPECIAL STEELS lTD, ‘7 \ . r 0-9-0 at We were I April 2017 7 Rights Issue of Rs 67.85 Cr. 7 Started as Oswal 1973 7 Purchased ~8 acres of Oct. 2017 I I July 2015 7 Installed 7 50.000 TPA Steels adjoining land for Rs. 36 Cr. 0 Fume Extraction system capacity of special & alloy 7 QIP of Rs 50 Cr. Feb. 2018 I I Aug 2015 7 Increased steels 7 CRISIL upgraded credit I June 2018 Bright bars capacity to 7 Acquired Mohta - Listed on BSE & 2012 1986 rating 36.000 TPA & 1.80.000 7 Change in Statutory Alloys with capacity of NSE I August 2018 E 7 Installed fully TPA for Hot Rolled 2013 1.00.000 TPA Auditors to M/s B. S. R. & Co. LLP 7 Upgraded 7 Installed modern automatic rolling mill I Dec 2016 1995 2019 - Fortified Board of Directors I 7 transformer & allied with capacity of Steel Melting Shop with one Independent Woman Director and equipment to reduce 1.50.000 TPA & Electromagnetic Stirrer one Additional Director appointed meltingtime & Magnaflux leakage 20007 Commissioned resulting in SMS Vacuum Degassing System testing system (Dr. — Till Date capacity to 1.65.000 7 Strengthened Foerster Germany). and 17 2001 7 added Ultrasonic Testingfrom TPA product portfolio Bright Bar Facility (Olympus. Canada) - 2016 - Independent 2015 2010 identity under Vardhman Group Transforming into one of India's leading steel bar producers

Q mmwmmmml Clear focus on long term Value Creation V m 1,80,000 ‘ Q 1,121 ‘ 1, 61, 676 2,00,000 FY19 Tons TPA TPA Crore I I I I . . E E Listed on Stock a“ Exc-h-a-n-gf-"I. m m I m‘ Q m 80400 ‘ | ‘ 1,00,000 93169 128 527 Crore TPA Tons Sales Installed Installed Debt to Revenue Volume Capacity Capacity Equity(x) - - Billets Rolled Products

G) Strong Experienced Board of Directors contd... vaMANspEmuerELsunl Mr. Rajeev Gupta Mr. Sachit Jain Chairman & Independent Director Vice Chairman & MD » IlT. New Delhi. MBA (Gold B. Tech from BHU/IIT. Varanasi and MBA (IIM. B. Tech (Electrical) » IIM. Ahmedabad and Owner/President Ahmedabad) medallist) 7 Harvard » Experience of » One Rich experience of more than 35 years I Management Program of Country's topmost Investment Bankers over 29 years in Textile & Steel Chairman of CH. Northern Region Mr. Rajinder Kumar Jain Ms. Suchita Jain Non-Executive Director Non-Executive Director Master’s degree in Commerce from Punjab Chartered Mechanical Engineer from Institute of I Mechanical Engineers London University. Chandigarh Over 25 years of rich experience in textile Retired as General Manager from Indian Railways I after 3Syears of service industry Representative of Vardhman Group I Mr. Sanjoy Bhattacharyya Independent Director B.Sc (Statistics Honours) and MBA. from IIM. I Ahmedabad More than 21 years of experience in equities & I » Among leading stock investment management market Gurus

Q Strong Experienced Board of Directors contd... WHWSPMSEELSUDI V m Mr. B.K. Choudhary Mr. Rakesh Jain Non-Executive Director Independent Director Ph.d in Polymers from the University ofAkron Degree in B.Sc., M.Com & MBA Rich experience of more than 44 years in Steel Worked in the Advanced Technology Group at GE & Textile industry Electro»materials DIVIsion (EMD) in Coshocton, OH,USA &Aditya Birla Group (ABG) as MD of Indo Gulf Fertilizers Ltd Mr. Sanjeev Pahwa Ms. Shubhra Bhattacharya Independent Director Independent Director B Tech from IlT, Delhi Bachelor's degree in Mathematics and MBA from Experience of more ' than 26 years in bicycle/automobile tyres and Xavier's Labor Relations Institute tubes industry More than 25 years of experience in Human ' MD of Ralson (India) Resource Management Chairman )Ltd cum 7 Largest tyre manufacturer' In the World Mr. Raghav Chandra Independent Director B.Sc (Hons); M.Scin Mathematics; Master's in Public Administration, Harvard ' University & Various professional career trainings from Cambridge University, SIPA Columbia University, USA, IIM Ahmedabad , NHAI; CMD Additional Secretary & Financial Advisor —various Ministries; Chairman ' Indian Highway Management Co. Ltd.; Principal Secretary Urban Development, MP; , MP Housing Board; MD7 MP SIDC; Chairman SEZ Indore Commissioner and CEO 9